Bankers to swear oath of integrity

Bankers and senior financial service staff will soon have to swear under oath that they will carry out their jobs with integrity, put their clients first and ensure confidence in the banking sector, finance minister Jan Kees de Jager said in a briefing to MPs.


The oath will form part of the financial service regulator’s assessment of people’s suitability to the job and is one of a package of measures the minister hopes will restore trust in the financial sector.
The introduction of an oath was first mooted by the banking sector itself when it drew up a new code of conduct in 2009.
Some 250,000 people currently working in financial services will have to take the oath if the measure becomes law, the NRC reported.